Książki

An accessible guide for traders looking to boosting profits in the financial markets from a trading superstar

Dubbed "The Messiah of Day Trading" by Dow Jones , Oliver Velez is a world-renowned trader, advisor, entrepreneur and one of the most sought after speakers and teachers on trading the financial markets for a living. His seminars and workshops have been attended by tens of thousands of traders the world over. In this highly-focused and effective trading resource Velez imparts seven key lessons to further any trader's education. From market basics to managing trades, trading psychology to investment planning, technical analysis and charts to income versus wealth building, these lessons contain powerful insight and advice far beyond anything you'll find in most introductory trading books.
Each section of the book offers clear examples, concise and useful definitions of important terms
Includes more than ninety charts illustrating market challenges and opportunities, how to profit from patterns, and much more
Written in the parlance of the day trader's world, this book offers you the experience of being taught trading skills by the best of the best

Strategies for Profiting on Every Trade: Simple Lessons for Mastering the Market

Introduction 11

Getting Started 11

Lessons on Getting Ready 21

Developing a Watch List 21

The Watch List Concept 25

Time Frames 26

Your Progress as a Trader 28

Lessons on Some Basics 33

What Market Is That Again? 33

Looking at the Big Picture 37

A Guide to Protective Stop Losses 41

Trading the First Half Hour 44

Fundamental vs. Technical 46

News You Can Use 49

News and Your Trading 53

Are You Still Investing? 56

Reversal Times 58

The All Important 200 Period Moving Average 60

Moving Averages, the Power of the 20 MA 67

A Return to Some Basics 71

Lessons on Managing 73

Managing a Trade 73

Dealing with Disaster 75

Alternate Swing Entries 77

The Reward to Risk Ratio 81

Do You Find Yourself Target Challenged? 87

The Anatomy of an Entry 89

Lessons on Psychology in Trading and Planning 94

The Psychology of Fear 94

The Trading Plan - The Key to Your Success 96

Discipline 99

Some of Your Best Qualities 100

The Need to Be Right 102

The Ways Traders Learn 104

Using Public Fear as a Trading Tool 106

Analysis of a Losing Trade 110

Technical Lessons 115

Some Common Mistakes 115

Was That a Double Top? 118

Support and Resistance 123

That First Pullback 127

Recognizing a Trend Day 129

The Perspective of Multiple Time Frames 133

Zoom, Zoom, Zoom 137

Daily Pivot Points 141

Fighting the Trend 144

How a Trend Ends 147

The Intraday Trend 150

Finding an Intraday Reversal 152

A Change in Trend, Part 1 155

A Change in Trend, Part 2 157

Trading Gaps, Part 1 159

Trading Gaps, Part 2 162

Chart Lessons on the Market 165

The NASDAQ in Review 165

A Look at the Market 170

The NASDAQ Update, Part 1 172

The NASDAQ Update, Part 2 175

The Volatility Index as a Guide 178

Caution in the Market 181

Lessons on Classic Patterns 184

Using Relative Strength as One of Your Tools 184

Relative Strength at Reversal Time 187

Failed Breakdown at Reversal Time 190

A Strategy against the Trend 193

Playing a Climactic Reversal 196

The Lunch Time Fade 198

The Power of a Mortgage Play 201

Finding Unique Plays 204

Quality Breeds Nicknames 207

When It All Comes Together 210

Conclusion 215

Appendix 219

Analyzing Pristine Buy Set-ups 219

Glossary 225

Index 229